Vārves pagasta zemnieku saimniecība "MUIŽGAĻI"Active

51201002021FarmFounded 1992

Key figures

307 121 €+20,2%
Revenue 2025
+6,7%
Average annual growth 2008–2025
0100 k200 k300 k400 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 17 000 € (5% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~17 000 €
2024 ~26 099 €
2023 ~23 500 €
2022 ~28 001 €
2021 ~12 999 €
2020 ~17 000 €
2019 ~19 500 €
2018 ~39 000 €
2017 ~27 870 €
2016 ~43 902 €
2015 ~29 090 €
20140 €
2013 ~5416 €
2012 ~6379 €
2011 ~637 €
20100 €
20090 €
20080 €
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets89 34888 35990 01792 711104 678109 744153 891161 348185 078171 362138 649134 731131 845150 201171 450147 045152 946169 964
Total non-current assets329 785307 961275 970323 864388 625417 109515 636467 159589 855553 667486 743410 540337 022270 976243 860235 675225 541208 058
Total assets419 133396 320365 987416 575493 303526 853669 527628 507774 933725 029625 392545 271468 867421 177415 310382 720378 487378 022
Balance sheet — liabilities and equity
Current liabilities21 95022 95717 33720 64228 52124 87128 80132 57111 98010 33614 12744 53834 59140 58610 87929 24241 7999918
Non-current liabilities221 916201 559155 320190 046219 009253 188260 930186 170261 968216 130132 50161 88923 88862930000
Total liabilities243 866224 516172 657210 688247 530278 059289 731218 741273 948226 466146 628106 42758 47946 87910 87929 24241 7999918
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year31 436482618 55513 19446 265843735 32159 060135 12125 44819 201-20 420-11 456-23 09158 134-27 453930948 416
Total equity175 267171 804193 330205 887245 773248 794379 796409 766500 985498 563478 764438 844410 388374 298404 431353 478336 688368 104
Income statement
Sales revenue101 89657 61267 33682 93272 36586 738133 865185 468198 758200 802200 111162 503153 716170 289296 220233 481255 513307 121
Operating profit49 54522 28427 38119 88053 84418 80148 95569 533143 52133 48025 599-16 188-8054-20 73459 309-26 34711 22648 696
Profit before income tax31 912538119 23913 98247 227948036 96960 734135 12125 44819 201-20 420-11 456-23 09158 134-27 453930948 416
Profit for the reporting year31 436482618 55513 19446 265843735 32159 060135 12125 44819 201-20 420-11 456-23 09158 134-27 453930948 416
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees444334545666654466
Calculated dividend00063763795416029 09043 90227 87039 00019 50017 00012 99928 00123 50026 09917 000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
0,02%Vārves pagasta zemnie…Vītolbergs AndisSabiedrība ar ierobež…
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: Vārves pagasta zemnieku saimniecība "MUIŽGAĻI"

Overview

Vārves pagasta zemnieku saimniecība "MUIŽGAĻI" (reg. no. 51201002021) is a farm. The company was registered in 1992 and has been in the register for 33 years. Registered address: Ventspils nov., Vārves pag., Ventava, Ventas iela 15.

Financial results

Revenue in 2025 was 307 121 €, up 20,2% on the previous year (255 513 €). From 2008 to 2025, revenue grew by an average of 6,7% per year. This is the company's highest revenue among the published years (2008–2025). Net profit for 2025 was 48 416 € (15,8% of revenue). The company was profitable in 14 of the 18 published years. In 2025 the company had 6 employees. Revenue per employee was 51 187 €. At the end of 2025, total assets were 378 022 € and equity 368 104 € (97,4% of assets).

Management and owners

The company holds a stake in one other active Latvian company.

Data sources and freshness

Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.